Resource Investor

The euro/U.S. dollar (EUR/USD) currency pair spiked higher before coming under intense selling pressure in the immediate aftermath of the European Central Bank meeting as speculators judged the policy statement to be overall more bearish than bullish. …read more From:: Resource Investor

The recent growth acceleration in the EU could distract attention from problems of the common bloc. Fortunately, you can always count on Italy. Whenever you start thinking that only bright future is ahead of the union, the descendants of the proud Romans remind about themselves. …read more From:: Resource Investor

Although the European Central Bank is widely expected to keep monetary policy unchanged in June, investors are likely to be more concerned with the latest economic growth and inflation forecasts. Expectations remain somewhat elevated over the ECB potentially signaling an end to (quantitive easing) QE at the meeting. While hawkish comments from ECB officials and

Gold is one of the rarest elements in the world, making up roughly 0.003 parts per million of the earth’s crust. But how much gold is the world digging up each year and what countries produce the most? In 2017, global gold mine production was a reported 3,247 tonnes. This figure is down 5 tonnes

Corn (December) Yesterday’s Close: December corn futures finished yesterday’s session down ¾ of a cent, trading in a range of 6 ½ cents. Funds were estimated to have been sellers of 10,000 contracts for the day. …read more From:: Resource Investor

It was all about the FOMC Rate Decision release on Wednesday, and stocks’ initial reaction to that news was slightly negative. The broad stock market extended its short-term consolidation along the resistance level. Will the uptrend continue or is this some topping pattern ahead of downward reversal? There are still two possible medium-term scenarios. …read

Despite the Federal Reserve coming across much more upbeat than expected after raising U.S. interest rates for the second time in 2018, some softness in the dollar following the decision has provided a short-term boost to many different emerging market currencies. …read more From:: Resource Investor

Fundamentals: The Federal Reserve hiked interest rates by a quarter point yesterday and signaled that two more hikes are on the way this year. The Fed’s statement was overhauled and pointed to stronger growth and spending. However, they did maintain their “symmetric 2% inflation objective”. This arguably relieved some thoughts that the Fed would allow

Gold faces an important few days as three major central banks announce their respective policy decisions. All bar one is expected to make a rate change and that’s the Federal Reserve today. According to the to the CME’s FedWatch tool the probability of a 25 basis point rate increase is 96%, which means it is

It is Fed day and they are expected to raise interest rates a quarter point at 1:00 p.m. Central. What’s unknown though is the tone in which they will do such. There was a report yesterday that Fed Chair Powell wants to hold a press conference after each meeting. The Dollar jumped, Treasuries ticked down